ECONOMIC PACKAGE URGENT APPROVAL AND AUDITING TO LOANS GIVEN



Barack Obama is trying to meet soon congressmen to discuss for the urgent approval of the economic package .There are differences from the republican point of view , as the congressman Eric Cantor says that he prefers to reduce the tax on profits instead of giving 500 dollars of subsidies per capita to people. The republicans are not agree with the programas on public work , they sostein that it creates too much dificit on taxes when they are the base of generate emoployment.Obama remarked that the big philosophical difference between democrats and republicans are known .


Obama promised to use restiction to the future federal aid, cause he believes that there were no transparency no one gave explanation what companies did with the money that they received , there are reports that many used the money for other goals that arent allowed


One of the example is merril Lynch , who was integrated to Bank of America,


For this one of the messures will be the control of the using of fund , it will be forbidden for buy other banks , make donations or paying bonus , money have to be used for the credit to families of workers and raise the consume. Neil Barofksy , general inspector of finnacial Program will send to 300 companies which has received money how were used the funds, and this companies have 30 days to reply if they dont will be convocated by justice ,


It s expected the confirmation for the future Treasure Secretary Tim Geithner who has great experience for facing the finnacial crisis .

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